Ajay Amlani Buys 9,480 Shares of Aware (NASDAQ:AWRE) Stock

Aware, Inc. (NASDAQ:AWRE) CEO Ajay Amlani purchased 9,480 shares of the business’s stock in a transaction that occurred on Friday, May 8th. The shares were bought at an average price of $1.30 per share, for a total transaction of $12,324.00. Following the completion of the purchase, the chief executive officer directly owned 892,374 shares in the company, valued at $1,160,086.20. This represents a 1.07% increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink.

Aware Price Performance

Shares of NASDAQ:AWRE opened at $1.25 on Thursday. The company’s fifty day moving average price is $1.31 and its 200 day moving average price is $1.77. Aware, Inc. has a 12 month low of $1.02 and a 12 month high of $2.95. The firm has a market capitalization of $27.04 million, a P/E ratio of -3.47 and a beta of 0.89.

Aware (NASDAQ:AWRE) last announced its quarterly earnings results on Wednesday, April 29th. The software maker reported ($0.16) EPS for the quarter. Aware had a negative return on equity of 29.66% and a negative net margin of 45.31%.The company had revenue of $3.39 million for the quarter.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of AWRE. Goldman Sachs Group Inc. grew its position in Aware by 71.6% during the 1st quarter. Goldman Sachs Group Inc. now owns 34,595 shares of the software maker’s stock worth $55,000 after purchasing an additional 14,436 shares during the last quarter. Vanguard Group Inc. grew its position in Aware by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 840,650 shares of the software maker’s stock worth $2,026,000 after purchasing an additional 13,070 shares during the last quarter. Pekin Hardy Strauss Inc. purchased a new position in Aware during the 3rd quarter worth $42,000. CIBC Bancorp USA Inc. purchased a new position in Aware during the 3rd quarter worth $193,000. Finally, CIBC Private Wealth Group LLC grew its position in Aware by 14.3% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 80,000 shares of the software maker’s stock worth $193,000 after purchasing an additional 10,000 shares during the last quarter. 24.39% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Separately, Weiss Ratings reiterated a “sell (d-)” rating on shares of Aware in a research note on Monday, April 20th. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.

Aware Company Profile

Aware, Inc is a technology company specializing in biometric software and image processing solutions. Its core offerings include fingerprint, face and iris recognition algorithms, biometric template management, and mobile enrolment tools designed to capture and verify identities in secure environments. The company’s software development kits (SDKs) and web services APIs enable system integrators, device manufacturers and application developers to embed biometric and forensic capabilities into their products and services.

Founded in 1986 and headquartered in Bedford, Massachusetts, Aware evolved from an imaging technology provider into a leading vendor of biometric software.